Global Nickel Market Report 2024

Nickel Global Market Report 2024 – By Type (Pentlandite (Sulfide Ore), Laterite), By Mining Type (Underground Mining, Surface Mining) – Market Size, Trends, And Global Forecast 2024-2033

Starting Price : $4000.00 | Pages : 250 | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options
Request Sample
Request For Discount
FAQs

Need assistance or more information before the purchase?

Enquire Before Buying
Nickel Market

Proud Members Of

checkslacipN checkaoirsN checkscipN
Description Table Of Contents Tables & Figures Market Insights Related Reports

Nickel Market Definition And Segments

Nickel refers to the process of extraction of nickel from mines. In this process, sulfide ores are crushed and ground to release nickel particles through selective flotation from the byproducts. This procedure involves stirring the ore with specific chemicals while using mechanical and pneumatic equipment to create air bubbles.

The main types of nickel are pentlandite (sulfide ore), and laterite. Pentlandite refers to a mineral, a sulfide of nickel, occurring in the form of bronze-colored granular aggregates, found with pyrrhotite the principal source of nickel. The various end-users involved in building and construction, iron and steel, agriculture, and chemicals. The mining type includes underground mining and surface mining.

The nickel market covered in this report is segmented –

1) By Type: Pentlandite (Sulfide Ore), Laterite

2) By Mining Type: Underground Mining, Surface Mining

The nickel market size has grown strongly in recent years. It will grow from $36.7 billion in 2023 to $40.27 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to strong economic growth in emerging markets, an increase in infrastructure development, an increase in industrialization, and an increase in demand for stainless steel.

The nickel market size is expected to see strong growth in the next few years. It will grow to $57.5 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to rising urbanization, growing demand for electric vehicles, rising government support and increasing demand for nickel in automobile batteries. Major trends in the forecast period include focus on increasing investments to set up new plants for nickel processing, focus on the introduction of new sustainable procurement frameworks to promote responsible and environmentally friendly practices in the mining and processing of nickel, focus on the introduction of new products of nickel and focus on strategic partnerships and mergers and acquisitions to expand product or service portfolio and geographic presence.

Surge In Electric Vehicle Adoption Boosts Nickel Market Growth

The increasing adoption of electric vehicles is expected to propel the growth of the nickel market going forward. Electric vehicles (EVs) are automobiles that are powered by one or more electric motors, using electrical energy stored in rechargeable batteries. The rise of electric vehicles is a significant driver for increased nickel demand, particularly in the context of advanced lithium-ion batteries. For instance, in March 2023, according to the International Energy Agency, a France-based intergovernmental organization, the electric car market experienced exponential growth as sales surpassed 10 million in 2022. A total of 14% of all new cars sold were electric in 2022, reflecting a substantial increase from approximately 9% in 2021. Therefore, the increasing adoption of electric vehicles is driving the growth of the nickel market.

Automotive Battery Demand Propels Growth In The Nickel Market

The increasing demand for nickel in automobile batteries is also expected to contribute to the growth of nickel, thereby increasing demand for the nickel market in the forecast period. Modern automotive batteries, particularly those used in electric vehicles, often feature nickel-rich cathodes. These cathodes use a significant amount of nickel, which boosts overall nickel demand. For example, according to the International Energy Agency, a Paris-based autonomous intergovernmental organization, the demand for automotive lithium-ion (Li-ion) batteries experienced a substantial increase in 2022, rising by approximately 65% to reach 550 GWh (Gigawatt hour). This surge in demand was primarily driven by the growth in electric passenger car sales, which saw new registrations grow by 55% in 2022 compared to the previous year, 2021. Therefore, the increasing demand for nickel in automobile batteries is driving the market's growth during the forecast period.

Major companies operating in the nickel market report are Glencore, Vale, Sumitomo Metal Mining Co. Ltd., Erame, Norilsk Nickel Inc., BHP, Anglo American, Pacific Metal Company, Sherritt International Corporation, INDEPENDENCE GROUP NL, Tsingshan Holdings Group, Hindustan Copper Limited, Jinchuan Group International Resources Co. Ltd., Huayou Cobalt Co. Ltd., CNGR Advanced Material Co., Ltd., Rigqueza International Pte Ltd., Jindal Stainless Limited, Vedanta Resources Limited, Alliance Nickel Limited, Western Areas Limited, Jervois Mining, National Aluminum Company Limited, Nicomet Industries Limited, Deutsche Nickel GmbH, Solway Investment Group Limited, Société Le Nickel (SLN), Sumic Nickel Netherlands B.V, North American Nickel, Talon Metals, PolyMet Mining Corp, First Quantum Minerals Ltd., Royal Nickel Corporation, Turnagain Nickel, Lundin Mining Corporation, Wallbridge Mining Co. Ltd., Atlantic Nickel UK, Brazilian Nickel PLC, Mirabela Nickel Ltd., Mubadala Investment Company, Ma'aden, Siyanda Resources, African Rainbow Minerals, Africo Resources, Impala Platinum, Sibanye Stillwater.

TPC Wire & Cable Unveils New Nickel-Based Products For High-Temperature Applications

Companies in the nickel market are focusing on the introduction of new products of nickel to strengthen their position in the market. New products with nickel are being developed for applications in various industries. For instance, in August 2023, TPC Wire & Cable, a US-based company that specializes in providing wire, cable, and accessories for industrial automation, auto integrator, and original equipment manufacturers (OEM), introduced new products to the Thermo-Trex Line of Wire & Cable. Thermo-Trex 2000 Shielded Multi-Conductor is a versatile cable designed for power and control purposes in high-temperature environments, capable of enduring conductor temperatures reaching up to 450°C / 850°F. This cable boasts flexible properties and is equipped with finely stranded conductors made of nickel-plated copper, a shielding layer of nickel-plated copper braid, and an outer jacket woven from special glass materials treated with abrasion-resistant coatings. The Thermo-Trex 2800 RTD Cable is designed for applications involving high-temperature Resistance Temperature Detector (RTD) control and instrumentation. It can endure a maximum conductor temperature of 530°C / 1000°F.

Atlas Materials Secures Funding For Innovative Nickel Processing Plant

Companies in the nickel market are focusing on increasing their investments to set up new plants for nickel processing. For example, in September 2023, Atlas Materials, a US-based start-up company that has developed a waste-free technology to process low-grade nickel for use in electric vehicle batteries, raised $27 million in funding to build a plant in North America that will use its waste-free technology to process low-grade nickel for use in electric vehicle (EV) batteries. The company's new technology processes saprolite nickel ores, which account for about a third of global nickel resources, into mixed hydroxide precipitate (MHP) for batteries, without producing any waste products.

PT Merdeka Battery Materials Expands Nickel Production Capabilities With PT Huaneng Metal Industry Purchase

In May 2023, PT Merdeka Battery Materials, an Indonesia-based company that provides nickel units of miner Merdeka Copper Gold, acquired the PT Huaneng Metal Industry, for an undisclosed amount. The acquisition is expected to help PT Merdeka Battery Materials capture additional profit margins from producing and selling high-grade nickel matte and transition its larger Rotary Kiln Electric Furnace (RKEF) asset base to class 1 nickel production. PT Huaneng Metal Industry is a nickel-processing facility.

Western Europe was the largest region in the nickel market in 2023. The regions covered in the nickel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the nickel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The nickel market includes revenues earned by entities by giving other metals the hardness, strength, and corrosion resistance they require. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The nickel market research report is one of a series of new reports from The Business Research Company that provides nickel market statistics, including the nickel industry global market size, regional shares, competitors with a nickel market share, detailed nickel market segments, market trends and opportunities, and any further data you may need to thrive in the nickel industry. This nickel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Nickel Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $40.27 billion
Revenue Forecast In 2033 $57.5 billion
Growth Rate CAGR of 9.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Pentlandite (Sulfide Ore), Laterite
2) By Mining Type: Underground Mining, Surface Mining
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Glencore; Vale; Sumitomo Metal Mining Co. Ltd; Erame; Norilsk Nickel Inc.; BHP; Anglo American; Pacific Metal Company; Sherritt International Corporation; INDEPENDENCE GROUP NL; Tsingshan Holdings Group; Hindustan Copper Limited; Jinchuan Group International Resources Co. Ltd; Huayou Cobalt Co. Ltd; CNGR Advanced Material Co., Ltd; Rigqueza International Pte Ltd; Jindal Stainless Limited; Vedanta Resources Limited; Alliance Nickel Limited; Western Areas Limited; Jervois Mining; National Aluminum Company Limited; Nicomet Industries Limited; Deutsche Nickel GmbH; Solway Investment Group Limited; Société Le Nickel (SLN); Sumic Nickel Netherlands B.V; North American Nickel; Talon Metals; PolyMet Mining Corp; First Quantum Minerals Ltd; Royal Nickel Corporation; Turnagain Nickel; Lundin Mining Corporation; Wallbridge Mining Co. Ltd; Atlantic Nickel UK; Brazilian Nickel PLC; Mirabela Nickel Ltd; Mubadala Investment Company; Ma'aden; Siyanda Resources; African Rainbow Minerals; Africo Resources; Impala Platinum; Sibanye Stillwater.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Nickel Market Characteristics

    3. Nickel Market Trends And Strategies

    4. Nickel Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Nickel Market Size and Growth

    5.1. Global Nickel Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Nickel Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Nickel Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Nickel Market Segmentation

    6.1. Global Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Pentlantide (Sulfide Ore)

    Laterite

    6.2. Global Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Underground Mining

    Surface Mining

    7. Nickel Market Regional And Country Analysis

    7.1. Global Nickel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Nickel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Nickel Market

    8.1. Asia-Pacific Nickel Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Nickel Market

    9.1. China Nickel Market Overview

    9.2. China Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Nickel Market

    10.1. India Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Nickel Market

    11.1. Japan Nickel Market Overview

    11.2. Japan Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Nickel Market

    12.1. Australia Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Nickel Market

    13.1. Indonesia Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Nickel Market

    14.1. South Korea Nickel Market Overview

    14.2. South Korea Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Nickel Market

    15.1. Western Europe Nickel Market Overview

    15.2. Western Europe Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Nickel Market

    16.1. UK Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Nickel Market

    17.1. Germany Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Nickel Market

    18.1. France Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Nickel Market

    19.1. Italy Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Nickel Market

    20.1. Spain Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Nickel Market

    21.1. Eastern Europe Nickel Market Overview

    21.2. Eastern Europe Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Nickel Market

    22.1. Russia Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Nickel Market

    23.1. North America Nickel Market Overview

    23.2. North America Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Nickel Market

    24.1. USA Nickel Market Overview

    24.2. USA Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Nickel Market

    25.1. Canada Nickel Market Overview

    25.2. Canada Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Nickel Market

    26.1. South America Nickel Market Overview

    26.2. South America Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Nickel Market

    27.1. Brazil Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Nickel Market

    28.1. Middle East Nickel Market Overview

    28.2. Middle East Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Nickel Market

    29.1. Africa Nickel Market Overview

    29.2. Africa Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Nickel Market Competitive Landscape And Company Profiles

    30.1. Nickel Market Competitive Landscape

    30.2. Nickel Market Company Profiles

    30.2.1. Glencore

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Vale

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Sumitomo Metal Mining Co. Ltd

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Erame

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Norilsk Nickel Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Nickel Market Other Major And Innovative Companies

    31.1. BHP

    31.2. Anglo American

    31.3. Pacific Metal Company

    31.4. Sherritt International Corporation

    31.5. INDEPENDENCE GROUP NL

    31.6. Tsingshan Holdings Group

    31.7. Hindustan Copper Limited

    31.8. Jinchuan Group International Resources Co. Ltd

    31.9. Huayou Cobalt Co. Ltd

    31.10. CNGR Advanced Material Co., Ltd

    31.11. Rigqueza International Pte Ltd

    31.12. Jindal Stainless Limited

    31.13. Vedanta Resources Limited

    31.14. Alliance Nickel Limited

    31.15. Western Areas Limited

    32. Global Nickel Market Competitive Benchmarking

    33. Global Nickel Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Nickel Market

    35. Nickel Market Future Outlook and Potential Analysis

    35.1 Nickel Market In 2028 - Countries Offering Most New Opportunities

    35.2 Nickel Market In 2028 - Segments Offering Most New Opportunities

    35.3 Nickel Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Nickel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Nickel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Glencore Financial Performance
  • Table 52: Vale Financial Performance
  • Table 53: Sumitomo Metal Mining Co. Ltd Financial Performance
  • Table 54: Erame Financial Performance
  • Table 55: Norilsk Nickel Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Nickel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Nickel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Nickel Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Nickel Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Glencore Financial Performance
  • Figure 52: Vale Financial Performance
  • Figure 53: Sumitomo Metal Mining Co. Ltd Financial Performance
  • Figure 54: Erame Financial Performance
  • Figure 55: Norilsk Nickel Inc. Financial Performance
Global Coal Market Opportunities And Strategies – Forecast To 2030 – Includes Coal Market Outlook
Read More
Forecasting till 2030: Opportunities And Strategies In The Global Stone Mining And Quarrying Market – Includes Stone Mining And Quarrying Market Analysis
Read More
Opportunities And Strategies Analysis For The Dimension Stone Mining Market – Includes Dimension Stone Mining Market Share
Read More
Global Electrical Steel Market Growth Forecast – Includes Electrical Steel Market Growth
Read More
The Business Research Company offers the high strength aluminum alloys market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the vermiculite market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the iron ore market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the feldspar market research report 2022 with industry size, share, segments and market growth
Read More
Commercial And Industrial Machinery And Equipment Repair And Maintenance Global Market Report 2024 – By Type (Commercial Machinery Repair and Maintenance, and Industrial Machinery Repair and Maintenance), By Application (Agriculture, Construction, Packaging, Food Processing, Mining, Semiconductor Manufacturing, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Machinery Leasing Global Market Report 2024 – By Type (Heavy Construction Machinery Rental, Commercial Air, Rail, And Water Transportation Equipment Rental, Mining, Oil And Gas, And Forestry Machinery And Equipment Rental, Office Machinery And Equipment Rental And Other Commercial And Industrial Machinery And Equipment Rental), By Mode (Online, Offline), By Leasing Type (Capital Lease, Operating Lease) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Commercial And Industrial Machinery And Equipment Repair And Maintenance Global Market Report 2024 – By Type (Commercial Machinery Repair and Maintenance, and Industrial Machinery Repair and Maintenance), By Application (Agriculture, Construction, Packaging, Food Processing, Mining, Semiconductor Manufacturing, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Rail Freight Global Market Report 2024 – By Type (Intermodals, Tank Wagons, Freight Cars), By Freight Type (Containerized, Liquid, Commodities, Other Freight Types), By Destination (Domestic, International), By Application (Oil And Gas, Mining Industry, Logistics Industry, Post Service, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Specialized Freight Trucking Global Market Report 2024 – By Type (Automobiles And Heavy Equipment, Bulk Liquids, Dry Bulk Materials, Forest Products, Refrigerated Goods), By Size (Heavy Trucks, Medium Trucks, Light Trucks), By Application (Oil and Gas, Industrial and Manufacturing, Energy and Mining, Food and Beverages, Pharmaceuticals and Healthcare, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Autonomous Mining Equipment And Vehicles Global Market Report 2022 – By Technology (Surface Mining Technique, and Underground Mining Technique), By Equipment (Smart Ventilations System, Autonomous Hauling Truck, Pumping Stations, Autonomous Drilling Rig, Underground LHD Loader, Tunneling Equipment, and Other Equipment), By Application (Metal Mining, Mineral Mining, Coal Mining, Other Applications) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Support Activities For Coal Mining Global Market Report 2020 - By Type (Drilling Services - Support Activities For Coal Mining, Exploration Services - Support Activities For Coal Mining, Draining Services - Support Activities For Coal Mining, Others - Support Activities For Coal Mining), By Process (Underground, Opencast), COVID-19 Impact And Recovery
View Report
Support Activities For Metal Mining Global Market Report 2020 - By Type (Drilling Services - Support Activities For Metal Mining, Exploration Services - Support Activities For Metal Mining, Draining Services - Support Activities For Metal Mining, Others - Support Activities For Metal Mining), By Process (Underground, Opencast), COVID-19 Impact And Recovery
View Report

Frequently Asked Questions

What is the definition of the nickel market?

Nickel refers to the process of extraction of nickel from mines. In this process, sulphide ores are crushed and ground to release nickel particles through selective flotation from the byproducts. This procedure involves stirring the ore with specific chemicals while using mechanical and pneumatic equipment to create air bubbles. For further insights on the nickel market, request a sample here

How will the nickel market drivers and restraints affect the nickel market dynamics? What forces will shape the nickel industry going forward?

The nickel market growth is aided by increase in the manufacturing of stainless steel in countries such as Australia and the Philippines owing to rising infrastructure. For further insights on the nickel market, request a sample here

What is the forecast market size or the forecast market value of the nickel market?

The nickel market is expected to reach $57.51 billion in 2027 at a rate of 10.6%. For further insights on the nickel market, request a sample here

How is the nickel market segmented?

The global nickel market is segmented as
1) By Type: Pentlandite (sulfide ore), and Laterite
2) By Mining Type: Underground Mining, Surface Mining
For further insights on the nickel market, request a sample here

Which region has the largest share of the nickel market? What are the largest region's market size and growth rate?

Western Europe was the largest region in the nickel market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Who are the major players in the nickel market?

Key competitors in the nickel market are, Vale SA, MMC Norilsk Nickel, Xstrata Plc, Jinchuan Group Ltd., and BHP Billiton Ltd. For further insights on the nickel market, request a sample here.

What are the key trends in the nickel market?

Major trends influencing the nickel market include using portable X-ray fluorescence (XRF) analyzers to improve extraction efficiency. Portable XRF analyzers can provide real-time analysis of nickel found in rocks, soil, sediment, drill cuttings, and drill core samples. For further insights on the nickel, request a sample here.

What are the major opportunities in the nickel market? What are the strategies for the nickel market?

For detailed insights on the major opportunities and strategies in the nickel market, request a sample here.

How does the nickel market relate to the overall economy and other similar markets?

For detailed insights on nickel market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the nickel industry?

For detailed insights on the mergers and acquisitions in the nickel industry, request a sample here.

What are the key dynamics influencing the nickel market growth? SWOT analysis of the nickel market.

For detailed insights on the key dynamics influencing the nickel market growth and SWOT analysis of the nickel industry, request a sample here.